Netflix Has Not Made 1 Acquisition

Netflix is no stranger to acquiring – content at least (although it did acquire the domain DVD.com in 2012 as well), however in terms of M&A, Netflix has yet to do what nearly every one of its large, well-known neighbors in Silicon Valley does with such precision on a regular basis – that is acquire companies. That’s right, Netflix has yet to acquire a single company.

This is quite remarkable given 1) Netflix turns 20 this year, 2) can easily afford to (after another blowout quarter, Netflix will easily hit $10B in revenue for 2017 and its market cap is now $60B) and 3) it’s a tech company in Silicon Valley.